New and Small Business Education Center 

Who Must Register a Business? You must register with the Taxation and Revenue Department (TRD) if you start a business in New Mexico that sells, leases or licenses property, performs services in New Mexico, sells services performed outside New Mexico but used in New Mexico, or if you are a government (for example, another state, a tribal government or a foreign nation) engaging in business here, or if you want to take advantage of New Mexico’s nontaxable transaction certificate (NTTC) system for tax-free purchases. Non-profit organizations too must register if they are doing business in New Mexico. Check the full definition of “gross receipts” in the statute, Section 7-9-3.5.1 NMSA 1978.

To review business-related TRD publications, click the appropriate publication title:

 

 

If you are a corporation or a nonprofit organization seeking to incorporate in New Mexico, contact the Public Regulation Commission.

Governments doing business in New Mexico are required to register for the governmental gross receipts tax. Registration for other special businesses is required for the interstate telecommunications gross receipts tax, leased vehicle gross receipts tax and the leased vehicle surcharge.

 

Most industries and governments, as well as interstate telecommunications and leased vehicles businesses, use the CRS identification number to report and pay their obligations. If you produce oil, natural gas, liquid hydrocarbons, carbon dioxide, helium, or other non-hydrocarbon gases, however, you must obtain an Oil and Gas Reporting Identification Number (OGRID). For information please contact the Oil and Gas Bureau. To file electronically, click the Online Services button at the top of this page then click the Oil & Gas Tax E-filing button.

 

Apply for a CRS Identification Number

TRD offers two ways to obtain a CRS Identification Number—on paper or online:

 

 

Any entity other than a sole proprietorship that has no employees must obtain a Federal Employer Identification Number (FEIN) from the Internal Revenue Service. Either call the IRS at 1-800-829-4933, or obtain an FEIN online.

There is no fee to register or obtain a CRS identification number. If you return your application to any district tax office or register online, you will receive your number immediately. TRD processes mailed applications within one to two weeks and returns them to you by mail. Many city, village and town halls around the state can also issue CRS identification numbers immediately upon processing your application.

Special Tax Programs

There are some cases in which certain businesses need another kind of registration in addition to the CRS Number. Special registration is required for sales of cigarettes, tobacco products, and liquor, for water production, for gasoline and special fuels, and for businesses engaged in severance and resources activities. Submit form RPD-41218, Registration for Special Tax Programs, or visit your district tax office if you prefer to complete the form in person.

  • Message from the Secretary
    Thank you again for making the 2012 tax-filing season a success. Largely because of your efforts, we were able to process nearly $260 million in personal income tax refunds in a timely and efficient fashion with very few errors. Read More     ​

E-File for accurate returns and faster refunds.
Federal automatic extensions also extend New Mexico income tax returns.
E-File and E-Pay and extend your income tax due date.
Get your refund faster when you E-File.
Low-income residents may qualify for income tax credits.
You may qualify for the Working Family Income Tax Credit.
You may qualify for the Earned Income Tax credits.
Estimated tax payments may be required if you withhold too little.
Manage your account online using Taxpayer Access Point.
Business closed? Update your CRS account online.
Gross receipts tax rates are subject to change in January and July.
NTTCs may be required to support tax-deductible sales.
Changing your address? Update your tax records online.
View payments and returns using Taxpayer Access Point.
Keep up with recent tax changes. See the instructions.
Keep accurate tax records for up to 10 years.
Double-check your figures. Errors will delay your return.
Get your money faster using refund express direct deposit.
Pay online by electronic check or credit card.
Avoid delays, submit a complete return.
Tax Fraud in New Mexico, call 1-800-457-6789.
Check the status of your refund, visit Taxpayer Access Point.
Pay your property taxes to your county treasurer.
Delinquent property taxes? See your local county treasurer’s office.
Find out who is managing your county government.
Property tax auctions are often held at the county treasurer’s office.
April property tax valuation determines your November tax bill.
Property taxes pay for schools, police, and hospitals.
Property was sold at auction? We may have your money.
Stop penalty and interest by paying your principal tax quickly.
Make sure you use correct tax ID numbers.
Refund express? Double-check your bank account and routing numbers.
Include your phone number and e-mail address when filing.
Secure your tax records from identity theft.
Generally, both spouses are responsible for liability on a joint return.
Sign and date your return.
Avoid preparers who base their fee on a percentage of the refund.
Tax fraud is the responsibility of the taxpayer
Visit Website